11 companies are interested in bidding for Air Malawi, will the third attempt to privatize be successful?

Air Malawi (Blantyre) is again on the blocks to be privatized by the Malawian government. The government, through the Privatisation Commission, has received expressions of interest from 11 companies for the national flag carrier according to this report by Engineering News. The 11 companies will be short-listed for a final selection.

According to Wikipedia, since 2000, the Malawian government has attempted on two occasions to privatize the airline unsuccessfully. The first attempt in 2003 failed because of the successful bidder, in partnership with South African Airways, was unable to post a security bond. The second attempt in 2007 failed after disagreements over the terms of the bid by Comair (Johannesburg) of South Africa. Comair is interested in bidding again.

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Copyright Photo: Rainer Bexten. Whoever is successful in bidding for Air Malawi will immediately have to upgrade the old fleet. Veteran Boeing 737-2K9 7Q-YKX (msn 23405) approaches Johannesburg for landing. The airframe was originally delivered to Midway Airlines (1st) (Chicago-Midway) as N701ML on December 5, 1985. This aircraft has now gone on to Star Air Cargo as ZS-SVT.

Air Malawi logo

Air Malawi: AG Slide Show